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Reply to "I think we’re severely undercounting billionaires "
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[quote=Anonymous]You underestimate how nuts some people can be and how much of their wealth is usually concentrated in their own stock. Think of the Enron folks who were worth billions on paper, but never sold their stock even though in theory they knew it was all hot air. Their fortunes essentially evaporated. Think of the Theranos founder. The company did a secondary where Elizabeth Holmes could have cashed out over $100MM at the time...but she never did. She was worth $3BN at one time. [/quote]
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